Cities of Glendale and Long Beach select Verra Mobility to implement speed safety programs

Rhea-AI Summary

Verra Mobility (NASDAQ: VRRM) will deliver, operate, and maintain speed safety camera programs in Glendale and Long Beach, CA, deploying systems at 27 high-risk locations (9 in Glendale, 18 in Long Beach) as part of California's pilot under Assembly Bill 645.

These are the company's third and fourth California pilot contracts after San Francisco and Oakland; Verra cites prior program results including up to 94% reductions in speeding at equipped locations and a reported 50% drop in traffic deaths in San Francisco last year.

Positive

• Contract win to deploy speed safety systems at 27 locations
• Third and fourth California pilot contracts under Assembly Bill 645
• Existing operations in San Francisco and Oakland provide implementation experience
• Company cites up to 94% reduction in speeding at equipped locations

Negative

• Program limited to 7 California cities authorized under the pilot
• Initial deployments cover only 27 locations, a modest near-term scale

News Market Reaction

-1.34%

1 alert

-1.34% News Effect

On the day this news was published, VRRM declined 1.34%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Program locations total: 27 locations Glendale locations: 9 locations Long Beach locations: 18 locations +5 more

8 metrics

Program locations total 27 locations High-risk sites across Glendale and Long Beach speed safety programs

Glendale locations 9 locations Speed safety systems deployed within Glendale

Long Beach locations 18 locations Speed safety systems deployed within Long Beach

Authorized pilot cities 7 cities Number of California cities authorized under Assembly Bill 645

Children injured daily more than 400 Children injured every day in traffic crashes nationwide

Speed reduction as much as 94% Speeding reduction at locations with similar speed safety programs

Traffic deaths drop 50% drop San Francisco residents credited speed program with traffic death decline

Experience duration more than 20 years Verra Mobility’s experience implementing speed safety programs

Market Reality Check

Price: $21.32 Vol: Volume 1,081,932 is close...

normal vol

$21.32 Last Close

Volume Volume 1,081,932 is close to the 20-day average of 1,115,641 (relative volume 0.97). normal

Technical Shares at $22.47 are trading below the $23.58 200-day MA, about 17.39% below the 52-week high and 15.17% above the 52-week low.

Peers on Argus

VRRM gained 0.81% while peers were mixed: APLD +6.26%, CNXC +2.81%, PONY +2.07%,...

VRRM gained 0.81% while peers were mixed: APLD +6.26%, CNXC +2.81%, PONY +2.07%, SAIC +0.85%, and INGM -0.47%. With no peers in the momentum scanner and mixed moves, today’s action appears company-specific.

Common Catalyst One peer, CNXC, had a GenAI-related headline, but there is no broad, shared news theme across transportation/IT services names tied to VRRM’s contract win.

Historical Context

5 past events · Latest: Jan 08 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 08	Conference appearance	Neutral	+1.1%	Management participated in a virtual fireside chat on strategy and outlook.
Nov 25	Conference participation	Neutral	+2.4%	CEO and CFO joined a UBS technology and AI conference fireside chat.
Nov 21	Regulatory impact	Negative	+2.3%	Exit from Ontario after a provincial ban on automated speed cameras.
Nov 20	Product partnership launch	Positive	-4.9%	Launch of AutoKinex with Stellantis for in-vehicle tolling and payments.
Nov 17	Survey release	Neutral	-2.6%	Survey on U.S. toll-road users’ views on EV taxes and infrastructure.

Pattern Detected

Recent news reactions have been mixed: contract/geographic loss in Ontario and a new AutoKinex partnership both showed price moves that diverged from the intuitive sentiment of the headlines, while conference and survey updates saw modest, more aligned moves.

Recent Company History

Over the last few months, Verra Mobility has reported several developments. A conference appearance on Jan 8, 2026 and an AI-focused conference in late Nov 2025 both coincided with modest gains. The company exited Ontario after a speed-camera ban, estimating a $7 million annual revenue hit, yet shares rose. A new AutoKinex™ partnership with Stellantis saw a negative reaction, and a U.S. toll-road survey also preceded a small decline.

Market Pulse Summary

This announcement adds Glendale and Long Beach as the third and fourth California cities to adopt Ve...

Analysis

This announcement adds Glendale and Long Beach as the third and fourth California cities to adopt Verra Mobility’s speed safety technology, expanding deployments to 27 locations under the state pilot. It reinforces the company’s role in automated traffic enforcement alongside existing programs in San Francisco and Oakland. Investors may monitor how these implementations scale, the durability of similar contracts, and any future regulatory shifts like the prior Ontario speed-camera ban.

Key Terms

speed safety programs, speed safety pilot program, speed safety camera systems, automated traffic enforcement

4 terms

speed safety programs technical

"selected the company to deliver, operate, and maintain speed safety programs"

Speed safety programs are company policies and tools designed to monitor and reduce how fast employees drive while performing work, using measures like vehicle tracking, training, and enforced limits. Investors care because slower, safer driving lowers the chance of accidents, reduces repair and insurance costs, and helps avoid fines or bad publicity — like putting a speed governor on a delivery fleet to protect assets and cut unexpected expenses.

speed safety pilot program technical

"third and fourth cities to contract with Verra Mobility to implement the state's speed safety pilot program"

A speed safety pilot program is a limited government trial that tests new methods or technologies for monitoring and enforcing vehicle speed, such as cameras, sensors, or automated alerts, to see how they affect crashes, traffic flow and public response. Investors care because a successful pilot can lead to wider regulation or public procurement, creating steady demand for the companies that build the technology, supply related services, or insure and maintain the systems—think of it as a public-sector “beta test” that can turn into ongoing revenue.

speed safety camera systems technical

"authorized to pilot speed safety camera systems authorized under Assembly Bill 645"

Speed safety camera systems are automated roadside or vehicle-mounted setups that use cameras and sensors to detect and record vehicles going over the posted speed limit, capturing time-stamped images or data that can trigger fines or alerts. Investors care because these systems create ongoing revenue and service opportunities (hardware sales, installation, software, maintenance) and are sensitive to government policy, public acceptance and liability issues — like smoke detectors for road safety that also shape long-term business models.

automated traffic enforcement technical

"a nationally recognized provider of automated traffic enforcement, currently operating speed safety programs"

Automated traffic enforcement uses cameras, sensors and software to detect and record traffic violations—such as speeding or running red lights—without a human officer on site. It matters to investors because it creates steady revenue streams for government agencies through fines, drives demand for equipment and software vendors, and carries legal and regulatory risks that can affect municipal budgets, service providers’ earnings and public perception. Think of it as an always-on scanner that issues tickets automatically.

AI-generated analysis. Not financial advice.

Speed safety technology to be deployed at 27 high-risk locations across both cities

MESA, Ariz., Jan. 20, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced that the cities of Glendale and Long Beach, California, selected the company to deliver, operate, and maintain speed safety programs in each community. Glendale and Long Beach will be the third and fourth cities to contract with Verra Mobility to implement the state's speed safety pilot program.

The approval comes from a procurement of a thorough and competitive bid by another California government agency. With more than 20 years of experience, Verra Mobility is uniquely equipped to implement within the legislative guidelines of the pilot program.

Glendale and Long Beach are two of seven California cities authorized to pilot speed safety camera systems authorized under Assembly Bill 645, a law with strict data protection, equitable fines, thoughtful education, and a balanced community approach. Glendale's program will deploy speed safety systems at nine locations, while Long Beach will deploy systems at 18 locations throughout the city, all aimed at reducing speeding and preventing traffic-related injuries and fatalities.

"Verra Mobility couldn't be more honored to partner with the cities of Glendale and Long Beach to bring this proven safety technology to their communities," said Will Barnow, vice president, Verra Mobility. "With more than 400 children injured every day across our nation in traffic crashes, these cities are taking action to protect their most vulnerable residents. Our experience implementing California's first speed safety programs means both cities benefit from a tested and proven solution that saves lives."

Verra Mobility is a nationally recognized provider of automated traffic enforcement, currently operating speed safety programs in San Francisco and Oakland. Similar speed safety programs in large cities across the country have reduced speeding by as much as 94% at locations equipped with this technology. Notably, San Francisco residents recently credited their speed program with a 50% drop in traffic deaths last year.

To learn more about speed safety solutions and how they can help communities, visit http://www.verramobility.com/government/speed-enforcement/.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

We describe initiatives that drive our business in this press release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near-and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. These forward-looking statements should be considered in light of the information included in this press release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.

We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.

Media Relations:	Investor Relations:
Valerie Schneider	Mark Zindler
valerie.schneider@verramobility.com	mark.zindler@verramobility.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/cities-of-glendale-and-long-beach-select-verra-mobility-to-implement-speed-safety-programs-302663829.html

SOURCE Verra Mobility

FAQ

What did Verra Mobility (VRRM) announce on January 20, 2026 regarding Glendale and Long Beach?

Verra Mobility announced it will deliver, operate, and maintain speed safety camera programs at 9 locations in Glendale and 18 locations in Long Beach as part of California's pilot.

How many locations will Verra Mobility (VRRM) deploy speed cameras in Glendale and Long Beach?

Verra Mobility will deploy speed safety systems at a total of 27 locations: 9 in Glendale and 18 in Long Beach.

How do these Glendale and Long Beach contracts affect Verra Mobility's California footprint (VRRM)?

These are the company's third and fourth city contracts in California's speed safety pilot, expanding operations beyond San Francisco and Oakland.

What safety outcomes did Verra Mobility cite for similar speed safety programs?

The company cited program results including up to a 94% reduction in speeding at equipped locations and a reported 50% drop in traffic deaths in San Francisco last year.

Are Glendale and Long Beach part of a larger California pilot for speed cameras?

Yes; Glendale and Long Beach are two of the seven California cities authorized to pilot speed safety camera systems under Assembly Bill 645.